NJEDA

NJEDA is a government entity assisting and giving access to capital, including tax-exempt and taxable bond financing. It also offers loans, loan guarantees, and business and tax incentives. In addition, it offers real estate development assistance and technology facilities. In 1974, John Smith established it in Trenton, New Jersey.

Kamran Hashmi

Managing Director-Product Operations

Clark Smith

Director - Innovation Programs

Past deals in New Jersey

Community FoodBank of New Jersey

Grant in 2024
Community FoodBank of New Jersey packages food orders for local soup kitchens and food pantries, purchases and collects food for distribution, and helps people in need through SNAP application assistance. It is an anti-hunger and anti-poverty organization.

TLA Innovation

Grant in 2024
TLA Innovation develops solutions faced by individuals and enterprises for the cybersecurity, privacy, and regulatory industries. It was founded in 2020 and is headquartered in Paramus, New Jersey.

VipHomeLink

Grant in 2024
VipHomeLink LLC is a provider of a digital home management solution based in Morristown, New Jersey, founded in 2018. The company's application simplifies homeownership by offering a range of services that include storing important documents, tracking renovation projects, creating home inventories for insurance purposes, and delivering maintenance advice and reminders. Designed with modern homeowners in mind, VipHomeLink's platform features a gamified digital dashboard that allows users to build a comprehensive profile of their home. By partnering with insurance carriers, warranty companies, and real estate segments, the company enhances customer engagement while also aiming to reduce home insurance claims. Overall, VipHomeLink's innovative solution is focused on making homes safer, more valuable, and energy-efficient, ultimately streamlining the home management experience for its users.

Jersey City Redevelopment Agency

Grant in 2024
Jersey City Redevelopment Agency provides facilitation, site assemblage, clearance, environmental remediation, and developer selection for residential, commercial, and industrial real estate projects. The agency also offers guiding principles to improve life, economy, housing, building, and viable partnerships with the community.

Citius Pharma

Grant in 2024
Citius Pharmaceuticals, Inc. is a specialty biopharmaceutical company headquartered in Cranford, New Jersey, focused on the development and commercialization of critical care products. The company specializes in anti-infectives, cancer care, prescription medications, and mesenchymal stem cell therapies. Among its key product candidates is Mino-Lok, an antibiotic lock solution designed to treat catheter-related bloodstream infections, currently in Phase III clinical trials. Citius is also advancing Mino-Wrap, a gel-based solution aimed at reducing infections following breast reconstructive surgeries, and Halo-Lido, a topical formulation for alleviating hemorrhoidal discomfort. Additionally, Citius is developing NoveCite, a mesenchymal stem cell therapy targeting acute respiratory distress syndrome. Through its innovative approach, Citius Pharmaceuticals seeks to provide effective therapeutic options in markets that are underserved by existing treatments. The company was founded in 2007.

Newark Alliance

Grant in 2023
Newark Alliance is a non-profit organization focused on driving economic growth and revitalization in Newark, New Jersey. It operates a coalition of the city's major institutions, fostering strategic partnerships and collaborative initiatives across sectors such as business, education, healthcare, and government. The organization aims to create jobs, stimulate economic development, and support community renewal, ultimately promoting inclusive growth for Newark and its residents.

1Huddle

Venture Round in 2023
1Huddle, Inc. is a provider of staff training and consulting services that utilizes a cloud-based mobile game platform to enhance employee onboarding and skill development. Founded in 2010 and headquartered in Newark, New Jersey, the company offers its interactive training solutions to a diverse range of sectors, including professional sports, education, healthcare, real estate, and retail. By transforming traditional training materials into engaging, competitive games, 1Huddle aims to improve employee engagement and performance. The platform is designed to facilitate quick and effective training, making it accessible for users anywhere and anytime. With over 70 paying clients and more than 20,000 users, 1Huddle has developed a substantial library of game questions to support various training needs. The company has gained recognition in major media outlets, further establishing its reputation in the workforce training industry.

SunRay Scientific

Grant in 2023
SunRay Scientific LLC is a manufacturer of advanced materials based in Long Branch, New Jersey, specializing in conductive adhesives that facilitate the assembly of flexible electronics. Founded in 1998, the company provides innovative solutions, including conductive inks, epoxies, and encapsulants, designed to enhance flexible circuitry in next-generation wearable electronics and semiconductor packaging. SunRay Scientific caters to various industries, including healthcare, military defense, automotive, and consumer electronics, by enabling high throughput processes in flexible electronics assembly. The company generates revenue through material sales, licensing, and engineering services, contributing to the advancement of flexible hybrid and miniaturized electronics.

New Jersey Environmental Justice Alliance

Grant in 2023
The New Jersey Environmental Justice Alliance is a coalition of organizations and individuals who are dedicated to identifying, preventing, reducing, and/or eliminating environmental injustices that affect low-income communities of color. NJEJA supports local efforts to restore and rebuild devastated neighborhoods utilizing the community's vision for improvement.

Apex Solutions Foundation

Grant in 2023
The APEX Foundation is a non-profit organization with the State of New Jersey and the Federal Government. Apex Solutions Foundation focuses on workforce development micro-grants for Train-To-Hire Cohorts; and scholarships for students attending junior colleges, as well as traditional college students who have an interest in entrepreneurship.

Camden County Technical Schools

Grant in 2023
At Technical Institute of Camden County in Sicklerville, New Jersey, high school students can receive career training, an academic education and high school credit. The institute also provides a range of services, including assessment and counseling, to prepare students for the workforce or community college transfer. Technical Institute of Camden County offers vocational programs through several distinctive academies. The institute’s academies include: * Information Technology * Medical Arts * Music * Performing Arts Technical Institute students also receive a comprehensive education that encompasses courses in: * English * Math * Social Sciences * World Languages Students earn their high school diploma and may even receive college credit. Those who wish to transfer to a community college may receive transfer counseling and assessment. Students at the institute may also benefit from vocational assessment, personal counseling and childcare. Admissions requirements include submission of an application, a report card or transcript and standardized test scores. For information about possible course fees, contact a school representative.

Camden County College

Grant in 2023
For a high-quality educational experience at one of the nation’s fastest growing community colleges, you should consider the Camden County College in Camden, New Jersey. The Office of Student Life and Activities makes sure students have numerous resources and opportunities for an enriching, well-rounded education. Students may take organized bus trips to events like the Feast of San Gennaro in New York City or participate in campus activities and celebrations like barbecues, multicultural events and socials. Students also have easy access to wide variety of clubs and organizations, the school’s radio station, student government and opportunities to work for the campus press. Academics include more than 100 associate’s degrees and certificate programs. Associate’s degrees are designed to provide students with solid foundational knowledge to transfer to four-year programs. Some degrees include Business Management and Law, Medical Laboratory Technology and Sociology. Certificate programs are offered in Allied Health, Computer Training and more. Admissions are open. Any student who has earned a high school diploma or GED and is at least 18 years of age has the opportunity to enroll. Tuition differs slightly among students, depending on residency. The cost is lower for Camden County residents. Out of county and out-of-state students pay the same rate, while international students must pay more. Students who file a FAFSA and submit an authorization and certification form will be considered to receive financial aid through the Hope scholarship, other institutional scholarships, federal and state grants and student loans.

Innovative AI Technology

Grant in 2023
Innovative AI Technology offers a platform that serves as a springboard for NJIT graduates' creative ideas.

SingletO2 Therapeutics

Grant in 2023
SingletO2 Therapeutics is a biotechnology company founded in 2015 and based in New Providence, New Jersey. The company focuses on developing innovative treatments for periodontal disease by utilizing the unique properties of singlet oxygen. This advanced approach capitalizes on the bacteria-killing capabilities of singlet oxygen, enabling clinicians to effectively treat advanced stages of periodontal disease without the need for surgical intervention. Through its research and development efforts, SingletO2 Therapeutics aims to improve patient outcomes and transform the management of periodontal health.

Bezwada Biomedical

Grant in 2023
Bezwada Biomedical is a medical company that specializes in biomedical absorbable polymers. The company was established in 2003 and is based in Hillsborough, New Jersey.

Palatin Technologies

Grant in 2023
Palatin Technologies is a biopharmaceutical company focused on developing targeted, receptor-specific peptide therapeutics to address significant unmet medical needs. Based in Cranbury, New Jersey, the company’s lead product is Vyleesi, a melanocortin receptor agonist designed for the treatment of premenopausal women with hypoactive sexual desire disorder. Palatin is also advancing several other candidates, including oral PL8177, which targets inflammatory bowel diseases, and systemic PL8177, aimed at treating non-infectious uveitis and COVID-19. Additionally, the company is developing PL9643 for anti-inflammatory ocular conditions like dry eye disease, as well as PL3994 and PL5028, which target cardiovascular and fibrotic diseases. Their research emphasizes the modulation of melanocortin and natriuretic peptide receptor systems to resolve inflammation and facilitate tissue healing, with applications extending to various conditions, including obesity, erectile dysfunction, and pulmonary diseases.

Citius Pharma

Post in 2022
Citius Pharmaceuticals, Inc. is a specialty biopharmaceutical company headquartered in Cranford, New Jersey, focused on the development and commercialization of critical care products. The company specializes in anti-infectives, cancer care, prescription medications, and mesenchymal stem cell therapies. Among its key product candidates is Mino-Lok, an antibiotic lock solution designed to treat catheter-related bloodstream infections, currently in Phase III clinical trials. Citius is also advancing Mino-Wrap, a gel-based solution aimed at reducing infections following breast reconstructive surgeries, and Halo-Lido, a topical formulation for alleviating hemorrhoidal discomfort. Additionally, Citius is developing NoveCite, a mesenchymal stem cell therapy targeting acute respiratory distress syndrome. Through its innovative approach, Citius Pharmaceuticals seeks to provide effective therapeutic options in markets that are underserved by existing treatments. The company was founded in 2007.

Soligenix

Post in 2022
Soligenix, Inc., a late-stage biopharmaceutical company based in Princeton, New Jersey, focuses on developing and commercializing treatments for rare diseases and serious side effects of cancer therapies, where there is an unmet medical need. The company operates through two segments: Specialized BioTherapeutics and Public Health Solutions. The Specialized BioTherapeutics segment develops therapies such as SGX301 for cutaneous T-cell lymphoma, SGX942 for oral mucositis in head and neck cancer, and proprietary formulations of oral beclomethasone for gastrointestinal disorders. The Public Health Solutions segment works on biodefense vaccines and therapeutics, including RiVax, a ricin toxin vaccine, and SGX943, a therapeutic candidate for antibiotic-resistant and emerging infectious diseases.

SingletO2 Therapeutics

Grant in 2022
SingletO2 Therapeutics is a biotechnology company founded in 2015 and based in New Providence, New Jersey. The company focuses on developing innovative treatments for periodontal disease by utilizing the unique properties of singlet oxygen. This advanced approach capitalizes on the bacteria-killing capabilities of singlet oxygen, enabling clinicians to effectively treat advanced stages of periodontal disease without the need for surgical intervention. Through its research and development efforts, SingletO2 Therapeutics aims to improve patient outcomes and transform the management of periodontal health.

DMK Pharmaceuticals

Grant in 2022
DMK Pharmaceuticals, Inc. is a biotechnology company based in Gladstone, New Jersey, founded in 2016. The company focuses on developing innovative treatments for moderate to severe pain, with a particular emphasis on addressing the opioid crisis. Its flagship product, DPI-125, is a non-addictive analgesic designed to provide effective pain relief while minimizing the risk of addiction associated with traditional opioids. Additionally, DMK Pharmaceuticals aims to support patients dealing with central nervous system disorders, such as chronic pain, Parkinson's disease, and depression, by offering solutions that allow them to regain control over their lives and reduce their reliance on addictive treatments.

Arke Aeronautics

Grant in 2022
Arke Aeronautics LLC is a technology company that specializes in developing drone software and cloud-based solutions tailored for first responders. Founded in 2017 and headquartered in Mount Laurel, New Jersey, the firm aims to enhance situational awareness for police, fire departments, and environmental management agencies. By utilizing commercial-grade unmanned aviation systems, Arke Aeronautics provides real-time aerial video feeds to mobile devices, allowing emergency personnel to make informed decisions prior to arriving at an incident scene. The company's innovative platform integrates proprietary software with unmanned systems, enhancing the ability of first responders to execute effective command strategies that can ultimately save lives.

NeuroTechR3

Grant in 2022
NeuroTechR3 is a biomedical device and digital health start-up that focuses on developing affordable rehabilitation technologies to enhance upper extremity function for individuals affected by brain injuries, including stroke and cerebral palsy. The company's flagship innovation, R3THATM, leverages machine learning and cloud technology to enable personalized telerehabilitation through engaging exergames designed to foster neuroplasticity. This system includes features such as motion tracking, analytics, and real-time biofeedback, which help clinicians provide high-quality, efficient care while improving patient recovery outcomes. Founded in 2020 by a team of four women, NeuroTechR3 emerged from the New Jersey Institute of Technology and Rutgers University, and operates from locations in Newark, NJ, and Philadelphia, PA. The company's expertise lies in biomedical engineering and computer science, positioning it to address the needs of the rehabilitation industry effectively. By advancing rehabilitation devices and machine learning-driven technologies, NeuroTechR3 aims to transform healthcare and make rehabilitation more accessible and sustainable for individuals with various impairments.

Soligenix

Grant in 2022
Soligenix, Inc., a late-stage biopharmaceutical company based in Princeton, New Jersey, focuses on developing and commercializing treatments for rare diseases and serious side effects of cancer therapies, where there is an unmet medical need. The company operates through two segments: Specialized BioTherapeutics and Public Health Solutions. The Specialized BioTherapeutics segment develops therapies such as SGX301 for cutaneous T-cell lymphoma, SGX942 for oral mucositis in head and neck cancer, and proprietary formulations of oral beclomethasone for gastrointestinal disorders. The Public Health Solutions segment works on biodefense vaccines and therapeutics, including RiVax, a ricin toxin vaccine, and SGX943, a therapeutic candidate for antibiotic-resistant and emerging infectious diseases.

NeuroTechR3

Grant in 2022
NeuroTechR3 is a biomedical device and digital health start-up that focuses on developing affordable rehabilitation technologies to enhance upper extremity function for individuals affected by brain injuries, including stroke and cerebral palsy. The company's flagship innovation, R3THATM, leverages machine learning and cloud technology to enable personalized telerehabilitation through engaging exergames designed to foster neuroplasticity. This system includes features such as motion tracking, analytics, and real-time biofeedback, which help clinicians provide high-quality, efficient care while improving patient recovery outcomes. Founded in 2020 by a team of four women, NeuroTechR3 emerged from the New Jersey Institute of Technology and Rutgers University, and operates from locations in Newark, NJ, and Philadelphia, PA. The company's expertise lies in biomedical engineering and computer science, positioning it to address the needs of the rehabilitation industry effectively. By advancing rehabilitation devices and machine learning-driven technologies, NeuroTechR3 aims to transform healthcare and make rehabilitation more accessible and sustainable for individuals with various impairments.

Soligenix

Grant in 2020
Soligenix, Inc., a late-stage biopharmaceutical company based in Princeton, New Jersey, focuses on developing and commercializing treatments for rare diseases and serious side effects of cancer therapies, where there is an unmet medical need. The company operates through two segments: Specialized BioTherapeutics and Public Health Solutions. The Specialized BioTherapeutics segment develops therapies such as SGX301 for cutaneous T-cell lymphoma, SGX942 for oral mucositis in head and neck cancer, and proprietary formulations of oral beclomethasone for gastrointestinal disorders. The Public Health Solutions segment works on biodefense vaccines and therapeutics, including RiVax, a ricin toxin vaccine, and SGX943, a therapeutic candidate for antibiotic-resistant and emerging infectious diseases.

Admera Health

Series A in 2016
Admera Health, LLC is a molecular diagnostics company based in South Plainfield, New Jersey, specializing in personalized medicine and non-invasive cancer testing. The company operates a laboratory dedicated to developing, validating, and delivering proprietary laboratory-developed tests. Among its offerings are PGxOne, a pharmacogenomics test that assesses patient drug responses based on genetic profiles, and DNA sequencing services for analyzing genetic mutations related to cancer. Admera's product pipeline includes the OncoGxOne cancer panel, which identifies genomic variations associated with cancer and treatment options, as well as the FloraCheck microbiome test that evaluates bacterial composition in relation to health. Founded in 2012, Admera Health aims to meet medical needs through innovative diagnostics, utilizing next-generation sequencing and advanced bioinformatics to enhance patient care and outcomes.

Phone.com

Venture Round in 2015
Phone.com, Inc. is a cloud-based communications platform that specializes in voice over Internet protocol (VoIP) services tailored for entrepreneurs, home offices, small businesses, and individuals. Founded in 2007 and headquartered in Newark, New Jersey, the company also has offices in San Diego, San Francisco, and New York. Phone.com offers a comprehensive range of products, including IP phones, analog telephone adapters, and mobile and desktop applications. Its services encompass advanced call handling, conferencing, call recording, group messaging, text messaging, and fax capabilities. Designed to meet the needs of various industries such as retail, technology, and health, Phone.com provides a modern, work-from-anywhere solution that combines mobility with professional communication tools. Its platform supports both physical and mobile devices, allowing users to manage their communications seamlessly through a web-based administration panel. With a commitment to customer support, Phone.com offers 24/7 assistance from a bilingual team, ensuring that businesses can effectively connect with their customers and partners.

Phone.com

Venture Round in 2013
Phone.com, Inc. is a cloud-based communications platform that specializes in voice over Internet protocol (VoIP) services tailored for entrepreneurs, home offices, small businesses, and individuals. Founded in 2007 and headquartered in Newark, New Jersey, the company also has offices in San Diego, San Francisco, and New York. Phone.com offers a comprehensive range of products, including IP phones, analog telephone adapters, and mobile and desktop applications. Its services encompass advanced call handling, conferencing, call recording, group messaging, text messaging, and fax capabilities. Designed to meet the needs of various industries such as retail, technology, and health, Phone.com provides a modern, work-from-anywhere solution that combines mobility with professional communication tools. Its platform supports both physical and mobile devices, allowing users to manage their communications seamlessly through a web-based administration panel. With a commitment to customer support, Phone.com offers 24/7 assistance from a bilingual team, ensuring that businesses can effectively connect with their customers and partners.

Edge Therapeutics

Seed Round in 2010
Edge Therapeutics is a clinical-stage biotechnology company focused on developing innovative therapies for acute neurological conditions, particularly in hospital settings. Founded in 2009 and based in Berkeley Heights, New Jersey, the company aims to transform treatment paradigms for serious medical conditions with significant unmet needs. Its lead product candidate, EG-1962, is currently being evaluated in the Phase 3 NEWTON 2 study for the treatment of aneurysmal subarachnoid hemorrhage, a condition resulting from bleeding around the brain due to a ruptured aneurysm. Additionally, Edge is developing EG-1964 as a potential prophylactic treatment for chronic subdural hematoma, aiming to prevent recurrent bleeding on the brain's surface. The company employs its proprietary Precisa platform to create polymer-based therapeutics that deliver treatment directly to the site of injury, minimizing impact on surrounding tissues.

3D Biotek

Venture Round in 2010
3D Biotek LLC is a biotechnology company based in New Jersey, specializing in the development of innovative 3D cell culture devices for applications in stem cell and tissue engineering, as well as drug discovery. The company employs precision 3D micro-fabrication technology to create advanced porous scaffolds that support cellular growth and function. In addition to its product offerings, 3D Biotek provides custom biomedical device fabrication, along with contract lab and manufacturing services. These capabilities aim to reduce the overall costs and time associated with therapeutic and pharmaceutical product development, thereby enhancing efficiency in the industry.

Alphion

Venture Round in 2010
Alphion Corporation specializes in providing broadband solutions for businesses and communities, focusing on the development, manufacturing, and marketing of optical fiber-to-the-premises (FTTP) access systems, subsystems, and integrated photonic devices. The company offers a comprehensive range of passive optical network products designed for the rapidly growing FTTx market, catering to various deployment scenarios including national service providers, local telecom operators, multiple-system operators, and educational institutions. Alphion's GPON products are versatile, suitable for diverse environments from luxury developments to remote villages, ensuring reliable and affordable broadband access technologies for network operators and small to medium-sized enterprises. Founded in 2000, Alphion is headquartered in Princeton Junction, New Jersey.

TimeSight Systems

Venture Round in 2009
TimeSight Systems Inc. specializes in video lifecycle management solutions for the video surveillance market, focusing on high-resolution video surveillance and storage management. The company develops innovative systems that automate video lifecycle management, allowing users to manage video storage efficiently by compressing older footage while retaining high-quality images for new recordings. TimeSight Systems offers a range of appliances suited for various environments, including office, small business, corporate, and enterprise settings. Its product lineup includes network video recorders, analog cameras, and a unique appliance platform that enhances the capabilities of intelligent surveillance systems. Established in 2008 and located in Mount Laurel, New Jersey, TimeSight Systems was previously known as Digital Ocular Networks, Inc.

X-Factor Communications Holdings

Venture Round in 2009
X-Factor Communications Holdings, Inc. is a provider of interactive digital media network software and services based in Lyndhurst, New Jersey. The company specializes in delivering comprehensive solutions that include its flagship Digital Screen Control Portal, which enables real-time publishing of emergency notifications and rich content to various internet-connected devices. Its offerings also encompass platforms for corporate communications, marketing, and advertising, facilitating multi-channel communication for businesses. Additionally, X-Factor provides a range of multimedia services such as digital media application development, live event production, content creation, and webcasting, catering to sectors including healthcare, education, transportation, and retail. Founded in 2005, X-Factor has evolved from its previous identity as Organic Spice Imports, Inc. to focus solely on innovative digital media solutions that support effective communication and marketing strategies.

Princeton Power Systems

Venture Round in 2009
Princeton Power Systems, Inc., based in Princeton, New Jersey, specializes in the design and manufacture of advanced power conversion products and alternative energy systems. The company offers a range of solutions, including demand response inverters, grid-tied inverters, energy storage systems, and variable speed drives, all certified for safety and performance. Princeton Power Systems focuses on applications such as solar energy integration, microgrid operations, and electric vehicle charging, incorporating smart functionalities for grid services like peak shaving and frequency regulation. Additionally, the company provides engineering, system design, and testing lab services. Its technology promotes efficiency, demonstrated by significant reductions in fuel consumption when integrating multiple energy sources. With a commitment to manufacturing in the USA, Princeton Power Systems has a global presence, serving clients across North America, Europe, Asia, and the Caribbean, and is working to expand its reach into Africa.

BlueNog

Venture Round in 2009
Bluenog Corporation is an enterprise software and solutions provider based in Somerset, New Jersey, founded in 2006. The company specializes in developing software applications and integrations primarily utilizing Oracle technologies. Bluenog offers a range of services including content management, collaboration, business intelligence, and portal solutions, focusing on enhancing service-oriented architecture and information management. Its software facilitates seamless connections between third-party applications and Oracle systems, improving operational efficiency across various industries such as healthcare, finance, retail, and telecommunications. Additionally, Bluenog provides implementation and support services to ensure effective use of its solutions.

Urovalve

Venture Round in 2009
Urovalve, Inc. is a privately held company located in the Enterprise Development Center at New Jersey Institute of Technology (NJIT) in Newark, New Jersey. The company develops superior medical devices to address problems associated with urinary flow and control.

Biopticon

Venture Round in 2009
Biopticon Corporation is a developer, manufacturer, and marketer of advanced medical diagnostic devices specifically designed for pre-clinical animal studies in oncology and arthritis research. Based in Camden, New Jersey, the company provides a range of measurement and data management systems that enhance the efficiency and accuracy of drug development processes. Key products include TumorManager, which facilitates comprehensive management of xenograft tumor studies, and TumorImager, a device for measuring tumor sizes in mice and rats. Additionally, the PawManager program assists in managing rodent paw volume data. Biopticon caters to pharmaceutical companies, academic institutions, clinical research organizations, and biotechnology firms, offering solutions that improve the performance and cost-effectiveness of pre-clinical testing. Incorporated in 2003, Biopticon continues to support researchers in obtaining critical data for accurate results in their studies.

SterraClimb

Venture Round in 2008
SterraClimb LLC is a robotics company based in Princeton, New Jersey, specializing in the development and commercialization of intelligent load transport equipment. Founded in 2005, SterraClimb's primary product is the SterraClimb Industrial, an innovative robotic motorized stair-climbing handtruck designed to safely transport heavy goods up and down stairs. This technology aims to enhance delivery safety and efficiency in various industries, including package shipping, moving, food and beverage distribution, and construction. By reducing the physical strain on workers, it also addresses the issue of worker injuries and associated compensation costs. In addition to its industrial solutions, SterraClimb offers consumer products tailored for individuals, particularly targeting the needs of the aging baby boomer population to improve their daily lives.

Elanti Systems

Venture Round in 2008
Elanti Systems is a prominent innovator in service experience management and intelligent routing solutions, dedicated to helping service providers fulfill customer expectations. Originating from a technology spin-out of Telstra Corporation, Australia's largest telecommunications carrier, the company leverages over 600 years of combined expertise in the telecommunications software and service provider sectors. Elanti's software enables telecommunications carriers to offer integrated service management tools for their Internet Protocol VPN customers, enhancing their ability to visualize customer service and streamline operations. The company's headquarters are situated in Somerset, New Jersey.

VPIsystems

Venture Round in 2008
VPIsystems, formerly known as VPI Virtual Photonics, develops and markets network planning software and services for the telecommunications industry, both in the United States and internationally. The company offers products such as Photonic Design Automation, which models and optimizes photonic components, and OnePlan, an integrated system that assists communications service providers, systems integrators, and manufacturers in transitioning to IP-based networks. VPIsystems aims to enhance the efficiency of network planning and engineering processes through predictive network analytics, enabling clients to optimize network integration and improve overall network reliability. The company serves a diverse clientele, including wireline and wireless carriers, broadband providers, and equipment manufacturers. Founded in 1997, VPIsystems is headquartered in Holmdel, New Jersey, with additional offices in Europe, Asia, and Australia, and maintains strategic alliances with notable firms such as Accenture and HP.

Nistica

Series B in 2008
Nistica, Inc. specializes in the development and manufacturing of optical networking modules designed to enhance the delivery of high-bandwidth applications. The company offers a range of products, including reconfigurable optical add/drop multiplexer (ROADM) subsystems, low port-count wavelength selective switch modules, wave blocker arrays with optical programmability, and high port-count series products. Its FLEXBOX, a disaggregated ROADM node, is tailored for software-defined networks, while the company's ROADM linecards support various optical networking needs. Founded in 2005 and based in Bridgewater, New Jersey, Nistica serves optical system original equipment manufacturers (OEMs) both domestically and internationally, aiming to automate and simplify the optical network infrastructure. In 2012, Nistica was acquired by Molex Optical Solutions Group.

Dynamic Mobile Data

Venture Round in 2007
Dynamic Mobile Data Systems, Inc. specializes in mobile resource management solutions designed for midsize to large enterprises. The company offers a range of products, including MobileServer, which serves as a wireless platform for two-way communications, and the Dynamic Mobile Application Suite, a collection of configurable applications that facilitate the transfer of corporate information to mobile resources. Additionally, it provides Heads-Up!, a business activity monitoring application, and MobileDispatch, a solution for time-sensitive communications and status tracking. The company's Automated Vehicle Location software allows users to obtain vehicle locations wirelessly. Dynamic Mobile Data also offers various services, including implementation, maintenance, training, and support for wireless applications. Established in 1994, the company is headquartered in Somerset, New Jersey.

Agilence

Venture Round in 2007
Agilence, Inc. is a provider of cloud-based reporting solutions tailored for the retail, restaurant, and pharmacy sectors. Founded in 2006 and headquartered in Mount Laurel, New Jersey, the company specializes in intelligent data analytics through its flagship products, 20/20 Data Analytics and 20/20 Rx. These solutions help organizations collect and summarize data to identify anomalies and trends, enhancing visibility into daily operations and enabling the detection and reduction of fraud and operational inefficiencies. Agilence aims to empower clients to make informed decisions quickly, ultimately improving profit margins across their enterprises. The company has established strategic partnerships with organizations such as The Zellman Group and Heartland Commerce.

Corente

Venture Round in 2007
Corente, Inc. specializes in integrated software solutions for the automated delivery and management of application traffic. The company provides the Virtual Services Exchange, which is designed to help enterprises establish distributed, centrally controlled, and monitored services networks. Founded in 1999 and based in Bernardsville, New Jersey, Corente focuses on cloud-based applications and services, offering performance management capabilities that enhance the efficiency of application delivery. The company was previously known as OpenReach, Inc.

Nistica

Venture Round in 2007
Nistica, Inc. specializes in the development and manufacturing of optical networking modules designed to enhance the delivery of high-bandwidth applications. The company offers a range of products, including reconfigurable optical add/drop multiplexer (ROADM) subsystems, low port-count wavelength selective switch modules, wave blocker arrays with optical programmability, and high port-count series products. Its FLEXBOX, a disaggregated ROADM node, is tailored for software-defined networks, while the company's ROADM linecards support various optical networking needs. Founded in 2005 and based in Bridgewater, New Jersey, Nistica serves optical system original equipment manufacturers (OEMs) both domestically and internationally, aiming to automate and simplify the optical network infrastructure. In 2012, Nistica was acquired by Molex Optical Solutions Group.

Velox Semiconductor

Venture Round in 2007
Velox Semiconductor Corporation manufactures gallium nitride power semiconductors. The company offers gallium nitride transistors and diodes; and schottky rectifiers, which are used in power factor correction, switch mode power supplies, and freewheeling diode applications. It serves the power supply industry, as well as automotive, industrial, computer, and telecom markets. The company was founded in 2005 and is based in Somerset, New Jersey.

ClassLink

Venture Round in 2007
ClassLink, Inc. is a technology company that specializes in developing cloud-based solutions for K-12 school districts. Founded in 1998 and based in Clifton, New Jersey, the company offers a range of products designed to enhance educational experiences, including student administration, curriculum management, and classroom management tools. ClassLink's platform facilitates instant access to files both at school and in the cloud, incorporating features such as video sessions and analytics to foster greater student engagement. Its products are marketed under various brand names, including LaunchPad, OnTrack, Inquiry, and ClassSync. ClassLink serves numerous school districts, demonstrating its commitment to empowering educators and improving learning outcomes.

Urovalve

Venture Round in 2006
Urovalve, Inc. is a privately held company located in the Enterprise Development Center at New Jersey Institute of Technology (NJIT) in Newark, New Jersey. The company develops superior medical devices to address problems associated with urinary flow and control.

Ranch Networks

Venture Round in 2006
Ranch Networks, Inc. specializes in Internet protocol telephony network appliances designed to secure, manage, and scale VoIP traffic. Founded in 2000 and based in Morganville, New Jersey, the company offers networking solutions that support both carrier and enterprise-grade VoIP deployments. Its products feature integrated security measures and bandwidth control, ensuring reliable communication among office employees, remote locations, service providers, and enterprise clients.
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